The data displays the total value of net assets under management (AUM) in funds in Luxembourg from June 2017 to June 2018 (in billion euro). In June 2018, net assets under management reached a value of approx. 4,237 billion euro. This, according to the source, indicates a growth rate of 7.44% in the last 12 months.
In the most recent Global Financial Centers Index, Luxembourg was ranked as having the third most competitive financial center in Europe after London and Zürich. In recent years, the Grand Duchy made efforts to diversify its financial activities in certain niches such as Chinese and Islamic finance, together with FinTech.
